NORMAL SITUATION

AXA IM BENELUX

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Company — Normal situation.

Financial year 2025 · Closed on 31/12/2025

Net result11,2 M €+29,3 %over 1 year

Revenue63,2 M €+9,2 %over 1 year

Equity7,8 M €+343,5 %over 1 year

Workforce15,4 ETP-3,7 %over 1 year

Identity

Source · BCE/KBO

AXA IM BENELUX is a company registered in Belgium. It employs on average 15,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0458.289.564
Legal form: Public limited company
Contributed capital: 1 500 000,00 €
Latest accounts: 31/12/2025
Average workforce: 15,4 ETP

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 32 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	63,2 M €	+9.2%	57,8 M €	+66.0%	34,8 M €	-10.9%	39,1 M €	+16.6%	33,5 M €
EBITDA	15,1 M €	+34.3%	11,2 M €	+7.4%	10,4 M €	-24.7%	13,9 M €	+48.9%	9,3 M €
Operating result	15,1 M €	+34.4%	11,2 M €	+7.3%	10,4 M €	-24.7%	13,9 M €	+47.5%	9,4 M €
Net result	11,2 M €	+29.3%	8,7 M €	+13.3%	7,7 M €	-27.0%	10,5 M €	+54.6%	6,8 M €
Balance sheet
Equity	7,8 M €	+344%	1,8 M €	0.0%	1,8 M €	0.0%	1,8 M €	-59.6%	4,3 M €
Total assets	27,7 M €	-15.0%	32,6 M €	+88.6%	17,3 M €	-32.6%	25,7 M €	+33.9%	19,2 M €
Cash	3,5 M €	+48.1%	2,4 M €	-66.7%	7,2 M €	-44.5%	12,9 M €	+69.3%	7,6 M €
Debts	19,9 M €	-35.4%	30,8 M €	+98.9%	15,5 M €	-35.1%	23,8 M €	+61.5%	14,8 M €
Other
Workforce	15,4 ETP	-3.7%	16,0 ETP	+15.9%	13,8 ETP	+9.5%	12,6 ETP	-2.3%	12,9 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 18 ended

Active mandates

Monique Diaz

Director · since 14 mai 2025 · until 30 mars 2026

Active

Stephan Deceulaer

Director · since 08 mai 2024 · until 30 mars 2026

Active

Emmanuel Dendauw

CEO · since 10 mai 2023 · until 30 mars 2026

Active

Olivier Courtois

Chairman of the board of directors · since 10 mai 2023 · until 30 mars 2026

Active

Ended mandates

Stephan Deceulaer

Director · since 08 mai 2024 · until 05 mai 2027

Ended

Emmanuel Dendauw

CEO · since 10 mai 2023 · until 13 mai 2026

Ended

Emmanuel Dendauw

Director · since 10 mai 2023 · until 13 mai 2026

Ended

Olivier Courtois

Chairman of the board of directors · since 10 mai 2023 · until 13 mai 2026

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/04/2026	30/06/2025	17/07/2024	28/06/2023	15/07/2022	10/06/2021
General meeting	30/03/2026	14/05/2025	08/05/2024	10/05/2023	11/05/2022	12/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 32 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/03/2026	09/04/2026	French	PDF
Full model	31/12/2024	14/05/2025	30/06/2025	French	PDF
Full model	31/12/2023	08/05/2024	17/07/2024	French	PDF
Full model	31/12/2022	10/05/2023	28/06/2023	French	PDF
Full model	31/12/2021	11/05/2022	15/07/2022	French	PDF
Full model	31/12/2020	12/05/2021	10/06/2021	French	PDF
Full model	31/12/2019	13/05/2020	19/06/2020	French	PDF
m910-p	31/12/2018	08/05/2019	16/05/2019	French	PDF
m910-p	31/12/2017	09/05/2018	02/07/2018	French	PDF
m910-p	31/12/2016	10/05/2017	01/06/2017	French	PDF
m910-p	31/12/2015	11/05/2016	10/06/2016	French	PDF
m910-p	31/12/2014	13/05/2015	12/06/2015	French	PDF
m910-p	31/12/2013	14/05/2014	17/07/2014	French	PDF
m910-p	31/12/2012	08/05/2013	02/07/2013	French	PDF
m910-p	31/12/2011	09/05/2012	13/06/2012	French	PDF
m910-p	31/12/2010	11/05/2011	03/08/2011	French	PDF
Full model	31/12/2009	12/05/2010	13/07/2010	French	PDF
Full model	31/12/2008	13/05/2009	29/07/2009	French	PDF
Full model	31/12/2007	14/05/2008	26/06/2008	French	PDF
Full modelCorrection	31/12/2006	09/05/2007	14/11/2007	French	PDF
Full model	31/12/2006	09/05/2007	04/10/2007	French	PDF
Full model	31/12/2005	14/06/2006	13/07/2006	French	PDF
Full model	31/12/2004	21/05/2005	16/06/2005	French	PDF
Full model	31/12/2003	12/05/2004	11/06/2004	French	PDF

View all 32 filings

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 18 ended

Active mandates

Monique Diaz

Director · since 14 mai 2025 · until 30 mars 2026

Active

Stephan Deceulaer

Director · since 08 mai 2024 · until 30 mars 2026

Active

Emmanuel Dendauw

CEO · since 10 mai 2023 · until 30 mars 2026

Active

Olivier Courtois

Chairman of the board of directors · since 10 mai 2023 · until 30 mars 2026

Active

Ended mandates

Stephan Deceulaer

Director · since 08 mai 2024 · until 05 mai 2027

Ended

Emmanuel Dendauw

CEO · since 10 mai 2023 · until 13 mai 2026

Ended

Emmanuel Dendauw

Director · since 10 mai 2023 · until 13 mai 2026

Ended

Olivier Courtois

Chairman of the board of directors · since 10 mai 2023 · until 13 mai 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring18/03/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Dissolution21/01/2026
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other22/09/2025
DIVERS
PDF
Mandates18/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates07/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates02/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates22/11/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates01/07/2020
DEMISSIONS, NOMINATIONS
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

2025
Annual accounts 202511,2 M €↑
2024
Annual accounts 20248,7 M €↑
2023
Annual accounts 20237,7 M €↓
2022
Annual accounts 202210,5 M €↑
2021
Annual accounts 20216,8 M €↓
2020
Annual accounts 20207,6 M €↑
2009
Annual accounts 20093,1 M €↑
2008
Annual accounts 20082,7 M €↓
2007
Annual accounts 20073,6 M €↓
2006
Annual accounts 20065,3 M €

AXA IM BENELUX

Overview

Identity

Financials

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline